The Effect Of Good Corporate Governance And Corporate Social Responsibility Disclosure On Company Value: Study At LQ45 Companies Listed In Idx 2018-2022

Auraditya Gita Fairuz, Dian Purnomo Jati, Najmudin Najmudin, Tito Juwono Pradekso

Abstract


The study aims to analyze the impact of the size of the board of directors, independent commissioners, ownership of institutions, management ownership, audit committees, audit quality, and corporate social responsibility disclosures on the company value proxy by PBV and Tobin's Q. With ROA and size of companies as controlling variables. The population used in this study was companies listed in the LQ45 index on the Indonesian Stock Exchange from 2018-2022. The sample determination technique used in this study uses purposive sampling techniques obtained by as many as 32 companies. The data used in this study is secondary data. The analysis method of this study was done with panel data using Stata version 17 as a data analysis tool. The result found that Independent Commissioner, Institutional Ownership, and Managerial Ownership have a positive influence on the company's value, while audit committees have a negative effect on the value of the company, and the Board of Directors, audit quality, and corporate social responsibility disclosure have no impact on company value.

Keywords: Good Corporate Governance, Board of Directors, Independent Commissioners, Institution Ownership, Managerial Ownership, Audit Committees, Audit Quality, Corporate Social Responsibility Disclosure, Company Value.


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References


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